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Industries undergoing digital transformation

/ February 12, 2021

Digital economy starts from Vietnamese management agencies

The Hanoitimes - The development of digital economy will benefit Vietnamese state regulatory agencies and enterprises. For the development of digital economy, it is necessary to have legal regulations for state management agencies to become the pioneers in digital transformation, local economist Dinh Trong Thinh suggested. An automatic production line at Rang Dong factory. Photo: Thuy Linh The digital economy is undergoing a huge transition and digital transformation has become more and more necessary and must be promoted in the fields of production, business, and social management. The number of state agencies and ministries which have actively implemented the digital transformation is small. According to Thinh, these agencies need to have their own plan and roadmap for digital transformation. Local banks play an important role in promoting digital transformation but have not drastically applied digital technology, thereby slowing down the transformation of a number of local enterprises. Banks and public service providers have to be at the forefront of digital technology, which forces local businesses to adapt to this trend, Thinh said. Although information technology infrastructure has been improved in the recent time, the level of application in social life, especially in payment and social management, is still limited. Most small and medium enterprises have yet to apply information technology to their business activities due to limited capital and human resources, said Thinh who suggested that state agencies should give priority to investment in and development of information technology infrastructure such as expanding free public WiFi in big cities. "This is a mandatory change and an opportunity, especially for local enterprises, that the 4th Industrial Revolution brings to Vietnam. The digital economy will help the country have new resources to change people’s lives for the better. The country that seizes …

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/ February 12, 2021

5G remains strategic imperative for enterprises, governments in 2021

Keysight 2021 Predictions highlights the main industry trends In 2020, the world experienced an unprecedented public health crisis – the coronavirus pandemic. This has impacted all sectors of society and forced enterprises, small businesses, governments, and private institutions to pivot, in some cases extensively, to accelerate digital transformations and rethink the way innovation is achieved. There are shape-shifting business operations and technology trends that are unfolding through the lens of the pandemic, the effects of which will continue to have lasting effects on organisations and society. 5G deployment trend: 5G to be the focus of intense international interest as 5G networks will drive improvements in power, energy, and financial infrastructures. However, cell-site zoning issues and related policy will become a bigger issue for national and local governments. 5G will move beyond the smartphone into industrial use cases and the enablement of virtualised healthcare delivery and procedures. Manufacturing and network rollouts will catch up with 2020 device launches, and there will be a greater diversification of 5G devices with multiple price points. Dynamic spectrum sharing (DSS) and new national spectrum policies will drive widespread 5G deployment as accessibility to user equipment grows to address current coverage issues and cost of deploying mid-band spectrum. The growing acceptance of working remotely: The distributed and remote workforce has gained new respect and acceptance, especially for technology innovation, leading to a mix of remote and on-site work environments, which have become, and will remain, the norm even as the pandemic eases. Collaboration technologies and practices have and will continue to take on new significance. Technology businesses will escalate the formation and organisation of mission-critical innovation teams that will be managed remotely. Engineers, and other innovators, will need to return …

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/ October 5, 2020

September 28-October 4: Top leaders of Vietnam and China agree to step up result-oriented cooperation

Top leaders of Vietnam and China agree to step up result-oriented cooperation Vietnamese Party General Secretary and President Nguyen Phu Trong and his Chinese counterpart Xi Jinping consented to stepping up result-oriented cooperation between the two countries during their phone talk on September 29. The Vietnamese leader emphasised that 2020 is an important milestone in bilateral diplomatic ties, and affirmed that over the past seven decades, friendship and cooperation has always been the focus of the relationship between Vietnam and China although it has experienced many ups and downs. General Secretary Trong suggested the two countries increase all-level and people-to-people exchanges, and consolidate mutual trust and understanding in order to create a firm social foundation for the bilateral ties. For his part, the Chinese leader stressed that the Chinese Party and State attach great importance to the traditional friendly neighbourliness with Vietnam, pledging that China will continue to support Vietnam to successfully complete its role as a non-permanent member of the United Nations Security Council for 2020-2021, and ASEAN Chair in 2020. NA Chairwoman sends message to UNGA High-level Meeting National Assembly Nguyen Thi Kim Ngan. (Photo: VNA) National Assembly Chairwoman Nguyen Thi Kim Ngan on October 1 (New York time) sent an important message to the UNGA High-level Meeting to celebrate the 25th Anniversary of the Fourth World Conference on Women. In her message, the Vietnamese top legislator stressed that gender equality and the empowerment of women are top priorities at international and regional parliamentary forums, adding that promotion of gender equality and women's rights is a consistent policy of Vietnam as this is enshrined in our Constitution and guaranteed in practice. The National Assembly of Vietnam has adopted wide-ranging legal documents to advance women’s empowerment and encourage their participation across economic, …

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